Eurozone Solutions: The Incredibly Annoying Mark Weisbrot at the CEPR

Sat, 05/05/2012 - 08:10 EDT - Forbes.com - Top Stories

Mark Weisbrot from the Center for Economic and Policy Research has been popping up in The Guardian for some time now. The basic claims tend to revolve around how wonderfully the Venezuelan or Argentinian economies are doing because they stick it to Uncle Sam. What really annoys me about this latest is that while I ...

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By L. Randall Wray, Professor of Economics at the University of Missouri-Kansas City, Research Director with the Center for Full Employment and Price Stability and Senior Research Scholar at The Levy Economics Institute. Originally posted at New Economic Perspectives
Memo to Obama: Don’t tie progressive spending policy to progressive tax policy. Each can stand on its own.
Reported today in the Washington Post:

With everyone focused on what is undisputedly the next mega credit bubble in the form of student loans, which in the most recent quarter hit a record high of over $1.1 trillion, the topic of college education, and specifically its utility, has gotten much press coverage over the past month.

Habits are easy to fall into. When you’re trying to change how you do things and you’re incredibly busy, falling back into old habits happens quicker than you would expect. While most tend to be minor habits that don’t have an overall impact, there are some habits that can be damaging, make you look lazy, or seriously hinder a page’s growth.

Before Obamacare rolled out on Oct. 1, the Koch brothers-backed activist group Generation Opportunity campaigned to get uninsured young people to opt-out of the Affordable Care Act, and instead pay a fine to procure healthcare elsewhere. The face of the group? A guy in a disturbing Uncle Sam mask moonlighting as a perverted proctologist and gynecologist.

Madhusudan Rao submits: It comes as no surprise to me that Warren Buffett sent a Thank You note on November 16th to Uncle Sam. Unfortunately, his “Thank You” note seems to indicate that Uncle Sam actually bailed out the American Economy and not Warren Buffett’s investments. Mr. Buffett suggests that a lack of intervention would have brought the whole US Economy to a standstill. Sure, a lot of companies would have suffered and many Americans would have lost jobs.